FedEx Corp shares slumped on Friday after the parcel giant cut its annual revenue forecast and reported a sharp fall in profits, owing to weak demand for high-margin speedy delivery services.

Analysts expect the company to report quarterly earnings at $4.83 per share, up from $4.55 per share in the year-ago period.

FedEx (NYSE: FDX) is scheduled to report its fiscal Q1 2025 results on Thursday, September 19 (FedEx’s fiscal year ends in May). We expect the company to post an upbeat quarter, driven by an ...

FedEx ($FDX) released results on September 19 that disappointed many investors. Yet, as the market turns pessimistic, FedEx ...

FedEx truck is seen in New York City, United States on July 16, 2024. (Photo by Jakub ... [+] Porzycki/NurPhoto via Getty Images) Given the current uncertain macroeconomic environment around rate ...

FedEx stock (FDX) tanked nearly 15% Friday morning following a much-worse-than-anticipated quarterly earnings report the day before, highlighting investor concerns over emerging cracks in the US ...

FedEx missed quarterly estimates and lowered its full-year guidance. Demand was weaker than expected for business-to-business shipping, which is its most profitable segment. The company is in the ...

FedEx (NYSE: FDX) reported weaker-than-expected quarterly results after the closing bell Thursday, and lowered its profit outlook for the fiscal year. Investors Friday don't appear interested in ...

Shares of FedEx Corp. tumbled after hours on Thursday after the package-delivery giant tempered its full fiscal-year outlook, citing “weaker-than-expected” shipping demand as businesses ...

FedEx reported a drop in operating income during its first quarter of Fiscal Year 2025. In the Memphis-based shipping giant's quarterly report released Thursday, FedEx said revenue dipped slightly ...